Other Real Estate Owned Other Real Estate Owned

3 Months Ended

Mar. 31, 2017

Other Real Estate Owned [Abstract]

Real Estate Owned [Text Block]

Other Real Estate Owned ("OREO")

Park typically transfers a loan to OREO at the time that Park takes deed/title to the asset. The carrying amounts of foreclosed properties held at March 31, 2017 and December 31, 2016 are listed below, as well as the recorded investment of loans secured by residential real estate properties for which formal foreclosure proceedings were in process at those dates.

(in thousands)	March 31, 2017		December 31, 2016
OREO:
Commercial real estate	$	7,642	$	7,642
Construction real estate	4,633		4,624
Residential real estate	1,418		1,660
Total OREO	$	13,693	$	13,926
Loans in process of foreclosure:
Residential real estate	$	3,456	$	3,250